menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Solana News

>

Solana’s W...
source image

Zycrypto

1M

read

244

img
dot

Image Credit: Zycrypto

Solana’s Weekly DEX Volume Elbows That of Ethereum with Mt.Gox’s 2.2 Billion Bitcoin Movement Causing Jitters 

  • Solana's decentralized exchange (DEX) volume has surpassed that of Ethereum, indicating increased confidence and interest in Solana's DeFi market.
  • Solana recently overtook Binance Coin (BNB) in market value, reaching the fourth position with a market cap of $93.6 billion.
  • The number of active Solana addresses has surpassed 150 million, showcasing significant network activity.
  • Mt.Gox, a defunct crypto exchange, caused concern due to the transfer of $2.22 billion worth of Bitcoin, highlighting the need for regulatory oversight and security in the industry.

Read Full Article

like

14 Likes

For uninterrupted reading, download the app